OpenAI is taking aim at some of Wall Street’s most labor-intensive tasks with a new version of ChatGPT designed to research companies, analyze financial data and generate the presentations that investment bankers rely on. The product unveiled Thursday, called ChatGPT for Financial Services, is a tailored version of its enterprise product, ChatGPT Work, that was…
Waymo’s new autonomous vehicle, called the Ojai, drives in Venice Beach on Wednesday, May 27, 2026. Allen J. Schaben | Los Angeles Times | Getty Images Alphabet’s Waymo is expanding its commercial service, and Amazon’s Zoox said it plans to test in more U.S. cities, as the nascent robotaxi market gains momentum. Waymo, which has…
Leopold Aschenbrenner Photo: Josh Edelson The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders to glean more information about their role in the near-collapse of AI-focused hedge fund Situational Awareness. Regulators are seeking insights into Situational Awareness’s trades, use of leverage and communications with the investment banks, which include Goldman Sachs,…
Los Angeles Dodgers chairman Mark Walter during a press conference at Dodger Stadium in Los Angeles, March 25, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images TWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Buffett, not Abel, appears to still be calling the shots on stocks Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders…
China’s yuan has strengthened against the U.S. dollar this year. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese government bonds can play an important role in portfolio diversification as they are likely to continue behaving differently from other countries’ debt, strategists say. China’s yields have edged down in recent months even as benchmarks in…
NVIDIA CEO Jensen Huang delivers a speech during a keynote event at COMPUTEX on June 02, 2026 in Taipei, Taiwan. Cheng Chia Huang | Getty Images Nvidia’s massive head start in artificial intelligence turned the chipmaker into the world’s most valuable company. Now, almost four years into the generative AI boom, competitors like Advanced Micro…
BEIJING, CHINA – 2026/07/18: Shoppers stroll along a landscaped path near the POLÈNE luxury goods store in Sanlitun, carrying bags and enjoying the bustling scene. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images China’s economy lost momentum across the board in July, as consumer spending stalled and urban investment contracted at a faster…
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on Wall Street last week. The S & P 500 and Nasdaq both dropped modestly Friday but managed to post their third straight winning weeks. The S & P 500 rose above 7,800 during Thursday’s session for the…
Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel . These are just two of several recent high-profile wins, providing a financial windfall for the venerable investment bank. All three of…
